We are live on ! Find out more
RCM

Rivernorth Capital Management Portfolio holdings

AUM $2.1B
1-Year Est. Return 2.15%
This Fund
S&P 500
This Quarter Est. Return
+1.73%
1 Year Est. Return
+2.15%
3 Year Est. Return
+9.04%
5 Year Est. Return
-10.05%
10 Year Est. Return
+10.98%
AUM
$1.67B
AUM Growth
-$542M
Cap. Flow
-$54M
Cap. Flow %
-3.24%
Top 10 Hldgs %
30.69%
Holding
314
New
56
Increased
61
Reduced
66
Closed
51

Top Buys

Rank Stock Value
1
PDX
PIMCO Dynamic Income Strategy Fund
PDX
+$31.3M
2
KYN icon
Kayne Anderson Energy Infrastructure Fund
KYN
+$20M
3
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$18.9M
4
DSU icon
BlackRock Debt Strategies Fund
DSU
+$18.1M
5
BTZ icon
BlackRock Credit Allocation Income Trust
BTZ
+$17.6M

Top Sells

Rank Stock Value
1
VVR icon
Invesco Senior Income Trust
VVR
+$20.6M
2
JLS icon
Nuveen Mortgage and Income Fund
JLS
+$17.9M
3
VTA
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
+$16.9M
4
NAD icon
Nuveen Quality Municipal Income Fund
NAD
+$13.4M
5
HIO
Western Asset High Income Opportunity Fund
HIO
+$12.9M

Sector Composition

Rank Sector Weight
1 Miscellaneous 95%
2 Financials 2.59%
3 Communication Services 0.43%
4 Technology 0.39%
5 Industrials 0.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NEA icon
1
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.17B
$80.6M 4.84%
5,605,557
+293,175
+6% +$4.16M
NAD icon
2
Nuveen Quality Municipal Income Fund
NAD
$2.51B
$76.1M 4.57%
5,214,707
-923,223
-15% -$13.4M
EVV
3
Eaton Vance Limited Duration Income Fund
EVV
$1.01B
$65.4M 3.93%
4,935,575
+600,363
+14% +$7.7M
HIO
4
Western Asset High Income Opportunity Fund
HIO
$324M
$49.1M 2.95%
9,680,707
-2,562,871
-21% -$12.9M
BTZ icon
5
BlackRock Credit Allocation Income Trust
BTZ
$903M
$45.1M 2.71%
3,225,326
+1,293,639
+67% +$17.6M
BWG
6
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$124M
$40.5M 2.43%
3,205,494
+70,483
+2% +$871K
GHY
7
PGIM Global High Yield Fund
GHY
$459M
$40M 2.4%
2,666,271
+228,496
+9% +$3.31M
EMD
8
Western Asset Emerging Markets Debt Fund
EMD
$578M
$39.6M 2.37%
2,771,600
-529,103
-16% -$7.4M
JQC icon
9
Nuveen Credit Strategies Income Fund
JQC
$689M
$38.4M 2.31%
5,008,350
+76,310
+2% +$567K
WIW
10
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
$502M
$36.4M 2.19%
3,156,612
+482,462
+18% +$5.39M
HFRO
11
Highland Opportunities and Income Fund
HFRO
$390M
$33.9M 2.03%
2,726,491
-350,963
-11% -$4.22M
SABA
12
Saba Capital Income & Opportunities Fund II
SABA
$215M
$33.4M 2%
2,722,114
-30,291
-1% -$365K
DSU icon
13
BlackRock Debt Strategies Fund
DSU
$589M
$32.6M 1.96%
2,911,397
+1,663,207
+133% +$18.1M
EHI
14
Western Asset Global High Income Fund
EHI
$169M
$32.5M 1.95%
3,246,243
-884,481
-21% -$8.68M
PDX
15
PIMCO Dynamic Income Strategy Fund
PDX
$929M
$31.9M 1.91%
1,931,669
+1,908,161
+8,117% +$31.3M
BRW
16
Saba Capital Income & Opportunities Fund
BRW
$318M
$31.4M 1.88%
3,129,340
-759,754
-20% -$7.33M
BBDC icon
17
Barings BDC
BBDC
$915M
$28.9M 1.74%
2,815,252
+86,268
+3% +$885K
MYI icon
18
BlackRock MuniYield Quality Fund III
MYI
$671M
$26.7M 1.6%
1,976,701
-34,949
-2% -$471K
NVG icon
19
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.46B
$25.9M 1.56%
1,555,548
+1,148,961
+283% +$18.9M
KYN icon
20
Kayne Anderson Energy Infrastructure Fund
KYN
$2.46B
$23.8M 1.43%
1,709,656
+1,499,464
+713% +$20M
VTA
21
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$23.2M 1.39%
2,046,157
-1,530,689
-43% -$16.9M
AOD
22
abrdn Total Dynamic Dividend Fund
AOD
$1.1B
$20.1M 1.21%
2,247,624
+72,778
+3% +$623K
ISD
23
PGIM High Yield Bond Fund
ISD
$398M
$18.4M 1.11%
1,197,054
-29,126
-2% -$436K
NRK icon
24
Nuveen New York AMT-Free Quality Municipal Income Fund
NRK
$848M
$17.6M 1.06%
1,296,781
-206,860
-14% -$2.77M
NFJ
25
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
$1.41B
$17.5M 1.05%
1,344,756
+51,695
+4% +$653K
1
2 3 4 5

Similar funds

OGC
Oak Grove Capital North Hampton, New Hampshire $2.1B AUM 180.88% 1-Year Est. Return
OC
Oakworth Capital Birmingham, Alabama $2.1B AUM 24.07% 1-Year Est. Return
GWM
GDS Wealth Management Flower Mound, Texas $2.1B AUM 37.73% 1-Year Est. Return
CFD
Creative Financial Designs Kokomo, Indiana $2.1B AUM 23.1% 1-Year Est. Return
NI
Nextech Invest Zurich, Switzerland $2.11B AUM 413.84% 1-Year Est. Return
GIC
Generali Investments CEE Prague, Czech Republic $2.11B AUM 25.53% 1-Year Est. Return
WIC
Willis Investment Counsel Gainesville, Georgia $2.1B AUM 24.61% 1-Year Est. Return
SCM
Shaolin Capital Management Miami, Florida $2.1B AUM 64.05% 1-Year Est. Return

Rivernorth Capital Management's Q4 2019 Portfolio in Review

As of Q4 2019, Rivernorth Capital Management held 314 positions worth $1.67B, down 25% from $2.21B the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Rivernorth Capital Management withdrew a net $54M in Q4 2019, closing 51 positions and reducing 66 holdings. Its most notable exit was Nuveen Mortgage and Income Fund, an estimated $17.9M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 95% of assets, down from 96% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Rivernorth Capital Management opened a new position in Cohen & Steers Infrastructure Fund worth $9.82M.

  • Rivernorth Capital Management's largest Q4 2019 buy was Cohen & Steers Infrastructure Fund: 374,909 shares worth $9.82M.
  • Rivernorth Capital Management added most to PIMCO Dynamic Income Strategy Fund in Q4 2019, an estimated $31.3M increase.
  • Rivernorth Capital Management's biggest Q4 2019 reduction was Invesco Senior Income Trust, cutting an estimated $20.6M.
  • Rivernorth Capital Management fully exited Nuveen Mortgage and Income Fund in Q4 2019, selling an estimated $17.9M.
  • Rivernorth Capital Management's ten largest holdings make up 31% of its $1.67B portfolio in Q4 2019.
  • Rivernorth Capital Management opened 56 new positions and closed 51 in Q4 2019.
  • Rivernorth Capital Management's portfolio value fell 25% quarter-over-quarter to $1.67B.

Based on Rivernorth Capital Management's 13F filing for Q4 2019, filed 14 Feb 2020.